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The cryptocurrency market is experiencing wild swings in volatility. However, despite the short-term setbacks, the space continues to grow and evolve rapidly, and new projects emerge constantly.

Amongst the most promising of these digital currencies are Huobi Token (HT) and Collateral Network (COLT). Analysts have identified these assets as possible top performers in the next year, with Collateral Network (COLT) notably set to surge by over 35x over the course of presale.

>>BUY COLT TOKENS NOW<<

Huobi Token (HT) is a crypto token that is closely tied to the Huobi Group, a leading global digital asset exchange. Huobi Token (HT) has a wide range of utilities, from trading fee discounts to increased liquidity.

Huobi Token (HT) is expected to see increased demand in the near future, driven largely by the increasing demand for Huobis products and services. As an exchange token, the performance of Huobi Token (HT) is largely dependent on the success and growth of the Huobi exchange.

As the exchange expands and adds new features and services, it could attract more users and traders, which could increase the demand for Huobi Token (HT). Additionally, Huobi Token (HT) is expected to benefit from the increasing popularity of decentralized finance (DeFi) projects and applications. If this comes to pass we may see Huobi Token (HT) thrive in the near future.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT) is a blockchain-based crowdlending platform that allows users to borrow money by using their physical assets as collateral. Collateral Network (COLT) provides access to lending without the need for traditional financial institutions.

One of the key benefits of COLT is that it allows users to retain ownership of their assets while accessing the financial resources they need. The Collateral Network (COLT) platform uses fractionalized NFTs (fNFTs), representing a fraction of an assets value. Lenders can then buy these fNFTs as a form of crowdlending for borrowers loans.

The Collateral Network (COLT) platform is powered by the Ethereum (ETH) blockchain, allowing it to seamlessly connect lenders and borrowers and ensure secure transactions. The blockchain-based platform also eliminates the need for third-party intermediaries and associated fees. This makes Collateral Network (COLT) more cost-efficient than traditional financial institutions.

With COLT, users can borrow against a variety of assets including real estate, fine art, jewelry, and more. The platform utilizes smart contracts and the transparency of the blockchain to facilitate the lending process.

Overall, Collateral Network (COLT) is a unique and innovative platform that leverages the power of blockchain technology to create a more efficient and accessible lending market, and as it seizes this new niche experts predict that the native COLT token could rise by up to 3500%.

Analysts are optimistic about the future of Collateral Network (COLT) as it stands to benefit from the increasing popularity of DeFi projects in the coming years. This quickly expanding DeFi space should provide ample opportunities for growth and success.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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Huobi Token (HT) and Collateral Network (COLT) Are Top Cryptocurrency Assets For 2023 | Bitcoinist.com - Bitcoinist

Over the past 24 hours, Cosmos Hub's ATOM/USD price has fallen 3.2% to $11.36. This continues its negative trend over the past week where it has experienced a 11.0% loss, moving from $12.81 to its current price.

The chart below compares the price movement and volatility for Cosmos Hub over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 25.0% over the past week while the circulating supply of the coin has risen 0.41%. This brings the circulating supply to 292.59 million. According to our data, the current market cap ranking for ATOM is #22 at $3.33 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Cosmos Hub Falls More Than 3% In 24 hours - Benzinga

Dogecoin Price Surges Over 4% After Elon Musk's Tweet

In a recent tweet, tech billionaire and Dogecoin advocate Elon Musk made a joke about a fee for visiting Twitter headquarters, which he suggested should be paid in DOGE.> Responding to a user who expressed interest in visiting the head office of the social media platform, Musk quipped that it would "cost 3 Doge."> This is significantly less than the $8 USD monthly fee that Twitter charges for a blue verification check. At the time of writing, three Dogecoins are valued at $0.222040 USD.> Following Musk's tweet, the price of Dogecoin, the largest meme token by market cap, experienced a surge, rising over 4% to reach $0.0785.> While the price has since dropped slightly to $0.0776 on the Binance exchange, the initial increase may be attributed to enthusiasm from the Dogecoin community. More here

Cody Harris, a member of the Texas House of Representatives, has introduced a resolution expressing support for the Bitcoin economy in the state.> In his resolution, Harris urges lawmakers to protect individuals who code or develop on the Bitcoin network, as well as miners and Bitcoin holders operating in Texas.> He also argues that Texans' constitutional rights should extend to digital assets, preventing any attempts to seize or search residents' crypto holdings.> Harris emphasizes the importance of Bitcoin mining in Texas, stating that "individuals who mine Bitcoin in Texas will never be inhibited by any law or resolution."> He also assures those who use Bitcoin to store their wealth or make peer-to-peer transactions with other law-abiding Texas citizens that they will "always feel free and safe in their ownership and use of Bitcoin." Details here.Terraform Labs Co-Founder Do Kwon Arrested in MontenegroOn March 23rd, the Minister of the Interior of Montenegro, Filip Adzic, announced the arrest of an individual suspected to be Do Kwon, co-founder of Terra Luna, within the Balkan nation's borders.> Local news outlet Vijesti later confirmed the authenticity of the tweet and that the arrested person was a South Korean national.> "The former 'crypto king,' responsible for losses exceeding $40 billion, was arrested at Podgorica airport with fake documents," stated Adzic. "He is wanted by South Korea, the United States, and Singapore. We are waiting for official confirmation of his identity."> Since December 2022, South Korean prosecutors had been alleging that Kwon was hiding in Serbia, which has no extradition agreement with South Korea. More here.[/body]

[title]FTX Group to Recover $404 Million in Proposed Settlement with Modulo Capital

SEC Warns Investors: Crypto Exchanges a Danger Zone

FTX Seeks to Recover $460 Million in Misused Customer Funds

Bitcoin and Major Cryptocurrencies

Bitcoin and Major Cryptocurrencies Defy Rate Hike: Market Resilience Amid Federal Reserve Decision

> Bitcoin maintained its position above $28,000 on Thursday, as leading cryptocurrencies appeared unfazed by the U.S. Federal Reserve's 25-basis point rate increase and ongoing apprehensions about the banking industry and upcoming monetary policy choices.> BTC, the top cryptocurrency by market cap, traded near $28,200 on Thursday afternoon, experiencing a 4% increase within the last 24 hours.> Earlier in the day, BTC had reached as high as $28,800, demonstrating a temporary resurgence of confidence in high-risk assets.> Ether, the second-largest cryptocurrency by market cap, saw an over 5% gain, trading around $1,818 on Thursday afternoon.> Earlier, it had soared to $1,858, its highest point since August. Meanwhile, Litecoin (LTC) increased by 12% during the day, hovering around $93.> Coinglass data revealed that traders had liquidated around $3 million of LTC short positions within the past 24 hours, boosting the price from around $83 a day earlier.> Additionally, Aptos' native APT token, a Layer 1 blockchain, climbed over 7% to settle near $13.

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Cryptocurrency roundup for March 24: Elon Musk overtakes Twitter HQ, Texas House representative introduces... - Moneycontrol

The law can be slow to adapt to emerging technologies such as cryptocurrency. However, with a thorough knowledge of existing legal avenues, adaptation is not always necessary. Macpherson Kelley recently acted in a case that demonstrates how trustees in bankruptcy can use existing tools at their disposal to investigate, and ultimately recover, cryptocurrency held by bankrupts.

Identifying and locating cryptocurrency

If a trustee becomes aware that a bankrupt has owned or traded in cryptocurrency assets, the trustee will normally:

Cryptocurrency exchanges operating in Australia are required to comply with Australias anti-money laundering and counter-terrorism financing legislation, which includes requirements to implement know your customer (KYC) identification procedures. Those procedures require trading platforms to ensure customers provide 100 points of identification to be registered as a user. Those KYC procedures enable trustees to identify the owner or controller of a cryptocurrency account.

A trustees inquiries can range from:

Tracing cryptocurrency to a specific wallet address can be a relatively straightforward process. However, while securing (and realising) the cryptocurrency can be another challenge altogether, though it is often not insurmountable.

Securing cryptocurrency

The steps necessary to secure any cryptocurrency will depend on a range of factors, most particularly the manner in which the cryptocurrency is held and whether the bankrupt is assisting the trustee in their inquiries.

If the cryptocurrency is held on a cryptocurrency trading exchange, the trustee may direct the bankrupt to hand over details of any account passwords or private keys. A trustee should also write to all trading platforms within Australia to enquire whether any accounts are held in the bankrupts name, instruct them to freeze all such accounts and deliver up details of any access codes and passwords under the powers granted to trustees under the Bankruptcy Act 1966.

Trustees face greater difficulties where cryptocurrency is held in a software (or soft) wallet (such as Metamask), or offline in a hardware (or hard) wallet (such as a Ledger or Trezor). A hard wallet is a device the size of a small USB stick that stores the users private access keys.

Where cryptocurrency is stored on a hard wallet, securing the cryptocurrency requires the trustee to physically obtain the hard wallet device itself as well as the access password or pin. Alternatively, locating the seed recovery phrase to the hard wallet (a 12 or 24 random word passphrase) can be used to recover the cryptocurrency in the event the wallet device is misplaced or destroyed.

Hard wallets can, therefore, be easily concealable, and the assets held on them can very quickly be moved to another location or account. If a trustee suspects a bankrupt is seeking to hide cryptocurrency, swift and decisive action may be required to prevent the dissipation of those assets, including via the courts where necessary.

Search Warrant

Under section 130 of the Bankruptcy Act 1966, a trustee may, in some circumstances, apply to a Court for a warrant to search a premises in which they suspect there is property of the bankrupt or property connected with a bankrupts examinable affairs and, if any relevant property (such as a hard wallet) is located, seize that property or secure it against interference.

In order to succeed in an application of that nature, the trustee must satisfy the Court that there are reasonable grounds to issue a warrant.

Broadly, the trustee must adduce evidence to satisfy the Court that the issuing and execution of the warrant will:

What does this look like in practice?

Macpherson Kelley recently acted for a trustee who successfully applied to obtain a warrant to search a premises and seize property connected with cryptocurrency that the trustee believed was being concealed by the bankrupt.

In order to obtain that warrant, the trustee provided the Court with evidence, gathered from their inquiries, that showed the bankrupt was likely concealing cryptocurrency. That evidence included wallet addresses and the results of a tracing exercise that revealed the bankrupts assets has been transferred through various cryptocurrency wallets and was held in various cryptocurrencies including Ethereum and Ripple.

The trustee also provided evidence regarding how cryptocurrency is held and transferred, and demonstrated how hard wallet devices can be concealed to substantiate how issuing the warrant would assist the trustees investigations.

The Court ultimately accepted the trustees evidence and issued the warrant. The warrant then had to be executed with the assistance of the police and Principal Lawyer Daniel Wignall, who had experience in identifying any cryptocurrency wallets at the premises or other property that may be related to the bankrupts cryptocurrency trading activity.

On execution of that warrant, the trustee located and seized several hard wallet devices and other IT equipment. The trustee also seized other evidence that led to discovery of significant but previously undisclosed cryptocurrency accounts.

Execution of the warrant, and the evidence obtained as a result, advanced the trustees efforts to recover assets for the benefit of creditors and enabled further investigation into the bankrupts cryptocurrency trading activity.

Key take aways

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Trading Halt: Capturing Cryptocurrency via the Courts - Lexology

Over the past 24 hours, Aptos's APT/USD price rose 5.52% to $12.98. This continues its positive trend over the past week where it has experienced a 9.0% gain, moving from $12.16 to its current price. As it stands right now, the coin's all-time high is $19.92.

The chart below compares the price movement and volatility for Aptos over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 13.0% over the past week while the overall circulating supply of the coin has increased 1.06% to over 178.56 million. The current market cap ranking for APT is #31 at $2.33 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Aptos Up More Than 5% In 24 hours - Benzinga